The Medicare and Medicaid are the government sponsored programs that helps you with covers costs of all the health care expenses. These programs are generally confused as they have a little similarity in their names and both established by the US government. But both are actually very different from each other in terms of their eligibility and the coverage services. So, here is the main difference: Medicare is a program designed in order to help with the long-term care for the old aged people, whereas Medicaid covers all the expenses involved in the health care for the ones who cannot afford better treatments.

Basics of Medicare:

Medicare is a federal program which is attached to the Social Security. It is also available to all the US citizens who are 65 years of age or may be older and it may also cover people suffering from certain disabilities. It is also available regardless of the income that one earns. This Program Includes the below mentioned service plans:

  • Part A Plan: This covers the cost of hospitals.
  • Part B Plan: Covers all the medical expenses.
  • Part C: Covers all the services provided to you by Part A and Part B.
  • Part D: Covers the Prescription Drug Coverage.

Basics of Medicaid:

It is a plan that falls under the joint Federal and state program which allows helping those who are poor. Unlike Medicare which is available almost to everyone, Medicaid has some highly restricted requirements. He rules here may vary according to the policies of the state. But the Medicaid is specially designed in order to help the poor.

Services covered by Medicaid:

  • Hospitalization
  • Laboratory services
  • Doctor services
  • Nursing services
  • Medical and surgical dental services
  • Nursing facility services for people aged 21 or older

Home healthcare facility for those who are eligible for nursing facility services